PFA Pension Forsikringsaktieselskab Takes Position in Qnity Electronics, Inc. $Q

PFA Pension Forsikringsaktieselskab acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The fund acquired 170,006 shares of the premier technology solutions leader’s stock, valued at approximately $14,282,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $26,000. Provenance Wealth Advisors LLC acquired a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000. Finally, Stephens Consulting LLC acquired a new stake in Qnity Electronics during the 4th quarter valued at approximately $30,000.

Wall Street Analyst Weigh In

Q has been the subject of a number of recent analyst reports. Royal Bank Of Canada increased their target price on shares of Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Mizuho set a $120.00 target price on shares of Qnity Electronics in a research report on Monday, February 23rd. Weiss Ratings initiated coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, KeyCorp increased their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $123.29.

Qnity Electronics Stock Up 0.1%

Shares of Q stock opened at $143.41 on Monday. The firm has a market cap of $30.06 billion and a P/E ratio of 78.37. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $146.67. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The stock’s 50 day moving average is $122.50.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping the consensus estimate of $0.64 by $0.18. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Analysts anticipate that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is 17.49%.

Qnity Electronics Company Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.